Anonymous Whale Transfers 3,250 BTC Worth $230 Million to Kraken

IconCryptoNewsTerminal Staff21 May, 2024

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Anonymous Whale Transfers 3,250 BTC Worth $230 Million to Kraken

Anonymous Whale Transfers 3,250 BTC to Kraken In a recent development, Whale Alert has reported the movement of a significant amount of Bitcoin (BTC) from an anonymous address to an address associated with the Kraken cryptocurrency exchange. The transaction, which involved the transfer of 3,250 BTC, is valued at approximately $230 million. This transfer is a notable event, given the substantial value of the BTC involved. It is unclear at this time why the anonymous address sent such a large amount of BTC to Kraken. Previous related news articles did not provide any additional information that could shed light on this transaction. This news will likely be of interest to those following the cryptocurrency market, particularly in light of the recent price volatility in BTC and other digital assets.